Innovate for good

Innovate products to meaningfully address the world’s sustainability challenges with positive impacts for customers and society

2022 key accomplishments

• Expanded and strengthened our innovative product portfolio by introducing new solutions enabling customers to improve performance, increase energy efficiency, reduce resource consumption, and minimize carbon footprint

• 80% of top innovation programs deliver sustainability value for customers*. More than 50% of those innovations are focused on climate.

• Received nine Edison and R&D 100 awards for innovation excellence. Eight of the nine innovations provided strong sustainability benefits, enabling our customers to make progress on their sustainability goals in climate, circular economy, chemical management, and water stewardship.

Integrate circular economy principles into our business models, considering lifecycle impacts in the markets we serve

2022 key accomplishments

• Expanded the use of recycled tin and copper (instead of mined) in our electronic solutions with the goal of expanding portfolio of solutions that use 100% recycled metals.

• Established a new collaboration to recover valuable off-spec silicone rubber and tubing production waste for Liveo™ Healthcare Solutions with the potential to reduce landfill waste by more than 90% for the production line.

Advance sustainable chemistry in the design of our products and processes, addressing substances of concern and communicating with stakeholders on our performance

2022 key accomplishments

• Updated our Supplier Code of Conduct with new expectations for our suppliers to commit and actively support our efforts to reduce, eliminate, or replace substances of concern in raw materials.

• Conducted over 1,000 product stewardship reviews and identified opportunities to enhance the sustainability of existing products.